Venezuela’s battling political factions restarted negotiations on Saturday in Mexico, signing a rare deal to work together on a humanitarian spending plan and setting the stage for the U.S. to ease restrictions on Chevron to operate in the country.
Representatives of the Venezuelan government and the opposition signed a humanitarian agreement that seeks to get access to some of the country’s frozen funds abroad and using them to reinforce the public health system and the electrical grid, among other purposes.
The parties also agreed to request support from the United Nations with the implementation of the program in the country, which includes the “establishment of a single trust fund for the protection of the Venezuelan people,” according to the agreement. Compliance will be monitored by various representatives to the agreement.
